KYC Levels and Limits for Individual and Institutional Users

OKCoin

August 16, 2019 00:31

Updated

Dear Valued Users,

At OKCoin, we custom our offerings for our individual and institutional traders. Access to depositing, withdrawing, and trading depends on the user’s, individual or institutional, Know Your Customer (KYC) three-level identity verification progress. The limits for each user group are as follows:

Individual User:

Account Registration (KYC 1)

Identity Verification (KYC 2)

Video Verification (KYC 3)

Fiat Deposit

❌

$1,000,000 daily limit

$2,000,000 daily limit

Token Deposit

❌

unlimited

unlimited

Fiat and Token Withdrawal

❌

$1,000,000 daily limit (combined)

$2,000,000 daily limit (combined)

Fiat-to-Token Trading

❌

unlimited

unlimited

Token-to-Token Trading

❌

unlimited

unlimited

Margin Trading*

❌

unlimited

unlimited

*Margin trading is only available for users outside of the U.S.

Institutional User:

Register for an Account (KYC 1)

Identity Verification (KYC 2)

Fiat Deposit

❌

$10,000,000 daily limit

Token Deposit

❌

unlimited

Fiat and Token Withdrawal

❌

$10,000,000 daily limit (combined)

Fiat-to-Token Trading

❌

unlimited

Token-to-Token Trading

❌

unlimited

Margin Trading*

❌

unlimited

*Margin trading is only available for users outside of the U.S.

Please reach out to our support team at support@okcoin.com should you have any questions. As always, happy trading!